ISO 31000 & Risk-based Decision

This course enables participants to become certified risk management professionals (Foundations level). The online training and exam are based on the ISO 31000:2018 risk management standard which can be used by organizations of any size, any industry, and any sector.

During this online course, participants develop competence in the foundations of the ISO 31000 :2018 risk management standard . Based on in-depth teaching , practical exercises and quiz questions that test their aptitude, participants acquire the necessary knowledge and skills to pass the stringent exam.

They do so by becoming familiar with the vocabulary, principles, framework and the risk management process proposed in the ISO 31000:2018 standard. During the online course, we will present the ISO 31000 Risk Management Principles and Guidelines and its two companions, the ISO 31073:2022 (previously known as ISO Guide 73:2009), and the IEC/ISO 31010:2019 Risk Assessment Techniques.

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$1000

*The fee includes for the course including the exam, C31000 certification fees, printing & shipping of the certificate and catering

G31000 members can get 10% - 15% discount.


Venue


Masterclasses

05 Jun 2023
12:00 AM - 12:00 AM


Exam

10 Jul 2023
02:30 PM - 04:30 PM


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About The Trainer

Konstantin Dozhdikov

Konstantin is a risk management Ph.D. and an experienced risk executive, with focus on quantitative risk analysis, financial modeling, strategic planning and business valuation. Konstantin worked for multibillion aviation industry companies and sovereign investment fund, consulted production companies and several investment funds.

Successfully presented findings from quantitative risk analysis to various Boards, executives and Ministry of Finance. Developed sophisticated modeling tools including intellectual property risk models and production interruption risk models.

Risk management award winner 2021 for the best implementation case study, Financial Times Innovative lawyers 2019 Europe – together with Dentons shortlisted for IP Risk Calculator.

Co-author of 2 books on risk management and author of unique education programs and distant learning in risk-management for decision makers, risk-managers, internal auditors with a focus on quantitative risk analysis.

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Alexei Sidorenko

Alex is an experienced executive across strategic, investment and operational risks and insurance working within multibillion dollar corporations in Australia, GCC and Europe. Successfully implemented changes to quantitative risk analysis, risk-based decision making and neuroscience.

Saved more than $13 million per year in premiums on cargo and PD/BI insurance through industry leading quantitative risk analysis without changing deductibles or limits. Successfully presenting corporate risk profile at the Ministry of finance and helping secure more than $1B in extra funding.

Author of the most popular free risk management book in the world, more than 150K downloads in 3 languages. Risk manager of the year, FERMA, 2021, Honourable mention 2021, RIMS. Risk manager of the year, RUSRISK, 2014, Best ERM Implementation, RUSRISK, 2014, Best risk management training, RUSRISK, 2013, 2014, 2015, finalist in risk management awards in 2018 and 2019.

YOUTUBE: https://www.youtube.com/@riskacademy
BLOG: https://riskacademy.blog

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Learning Objectives

Understand

To understand the vocabulary, principles, framework and risk management process in accordance with the new version ISO 31000 published in February 2018.

Apply

To understand the benefits of ISO 31000 as an internationally recognized standard adopted by more than 76 countries

Acquire

To acquire the competence to communicate effectively about ISO 31000 with people having different backgrounds and experience in risk management.

Course Agenda

Masterclass

Day 1

Introduction to risk management

  • Understand the risk management concepts as defined by ISO 31000:2018.
  • Understand the benefits of risk management to an organization.
  • Understand the ISO 31000:2018 risk management principles and how they influence the risk management framework and process.
  • A quiz and review on the elements learned during the day.

Masterclass

Day 2

The framework and process

  • Understand the risk management framework at a high level.
  • Detailed presentation of the risk management process.
  • Risk identification, risk analysis, risk evaluation and risk treatment.
  • Risk assessment tools recommended in IEC/ISO 31010.
  • Risk communication.
  • Risk monitoring and review.
  • A quiz and review on the elements learned during the day.

Exam

Day 3

Morning: Overall review, examination and results

  • Testing your knowledge with sample exam questions
  • Information regarding the validation procedure of G31000 pertaining to the ISO 31000 certification – foundations level
  • Exam on the foundations of ISO 31000 (duration: 2 hours)

Prerequisites

Attendees should read the ISO 31000:2018 risk management standard before the course, especially the vocabulary, the principles, the framework and the process proposed in the ISO 31000 standard.

It could be purchased on the ISO website. Given below is a link to purchase.

Risk management — Principles and guidelines

Exam & Certifications

The exam to become Certified ISO 31000 Risk management professional meets the requirements of ISO/IEC 17024 standard designed to harmonize the certification process of personnel worldwide.

The exam covers the five following competence domains:

  • Fundamental concepts
  • Terms and definitions
  • Principles of risk management
  • The risk management framework
  • The risk management process

2


Examination Hours

80


Multiple Choice Questions

A certificate of “Certified ISO 31000 Risk management professional” will be issued to participants who successfully pass the exam and comply with all the other requirements related to this credential.


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